The paper develops a simple supergame model of collusion that focuses on the role of fixed (exogenous to game played) system of quantity market shares. Conclusions implied by the model could be used to motivate data – saving markers of collusion based on market price behavior. Following conclusions of the theoretical model we propose marker of collusion based on detecting changes in seasonal parameters of prices in periods of possible collusion. An empirical application of method has been done on well known data of Lysine cartel case.
Ancient Greece, its history, philosophy and literature, that has been my love since childhood. Although my profession is only marginally related to all this - I work as a revision technician in a certain undisclosed company. In addition, I recreationally train in martial arts and prepare for a marathon. This blog is an opportunity for me to share with you everything that no longer fits into other boxes of my life.
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